21 October 2019 AIG’s refusal to make a one sentence statement has drawn New Zealand Rugby into the #StopAdani campaign, tarnishing the All Blacks brand during the Rugby World Cup. In early September 2019, just days after a massive petition signed by over 100,000...
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Engineers, coal haulage, finance & insurance: Stop Adani campaign update, October 2019
20 October 2019 After another week of news and protest over rail haulers and contracts for the Carmichael rail line, who is on track in the campaign to #stopadani? The working week ended with what looked, at first glance, like a blow to the campaign to prevent Adani's...
Aurizon AGM dominated by Adani concerns
17 October 2019 Aurizon’s annual general meeting (AGM), held in Brisbane today, was dominated by concerns over Aurizon’s potential involvement in the destructive Adani Carmichael coal project. Both shareholders inside the meeting and #StopAdani activists outside...
Whitehaven Coal pins hopes to catastrophic 4°C scenario
17 October 2019 Australia's biggest dedicated coal miner, Whitehaven Coal, went to great lengths to talk up the prospects of demand growth for its product at the company's annual general meeting in Sydney today. What the Whitehaven board failed to mention, however,...
Super funds still obstructing climate action
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text style="font-size:large;"]Over the past few weeks, your super fund has had the opportunity to vote, on your behalf, for real climate action from two of Australia’s...
Getting out of coal can’t save CommBank scrutiny at its AGM
16 October 2019 In August, Commonwealth Bank took a major step forward when it committed to get out of thermal coal by 2030, a commitment that no other major bank has so far made. Today, shareholders showed their appreciation for this commitment, but quickly moved to...
Super funds back Origin’s smoke and mirrors climate plan
16 October 2019 Origin Energy’s annual general meeting today was dominated by shareholder and community concerns over the climate, environmental and social impacts of the company’s dirty fossil fuel operations and plans. That’s not surprising given Origin is one of...
Lloyd’s emerges as key player on Adani insurance
14 October 2019 The anonymous tip-off came via one of the many grassroots groups fighting to stop the Adani Carmichael coal project. It said that Lloyd’s syndicates from AXIS Capital and Canopius were negotiating to underwrite the Carmichael railway line construction....
NAB, ANZ and Westpac hit with climate risk shareholder resolutions
10 October 2019 Market Forces has lodged shareholder resolutions with NAB, ANZ and Westpac, calling on the three major banks to reduce their exposure to coal, oil and gas in line with the climate goals of the Paris Agreement. The resolutions come after the major banks...
Engineering firm Cardno becomes 60th major company to rule out Adani
10 October 2019 This morning at its annual general meeting (AGM) in Sydney, engineering consultancy Cardno’s Chairman committed the company to doing no further work on the disastrous Adani Carmichael coal project. Cardno, which has been involved with Carmichael since...